Solved

Many Economists Believe That When the Federal Government Establishes an Agency

Question 135

Multiple Choice

Many economists believe that when the federal government establishes an agency to regulate a particular industry, the regulated firms try to influence the agency even if these actions do not benefit the public.Economists refer to this result of government regulation by which of the following terms?


A) regulatory capture
B) logrolling
C) special-interest regulation
D) the regulatory paradox

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q130: A statistical tool used to measure income

Q131: Table 18-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 18-6

Q132: Economists caution that conventional statistics used to

Q133: What is meant by "tax incidence"?

Q134: Which of the following is not an

Q136: Which of the following is a consequence

Q137: Figure 18-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 18-5

Q138: Congressman Gallstone seeks support from his colleagues

Q139: The federal government does not tax employees

Q140: Horizontal equity is achieved when taxes are